Rainbow Tours S.A.

RBW.WA

Travel Services · Consumer Cyclical

Price

150.10 PLN

-2.20 (-1.44%)

Market Cap

2.18B PLN

Exchange

Warsaw Stock Exchange

Winston Score

Winston is curious

A decent business — some strong pillars, some weaker.

Data as of Aug 24, 2026 · filings through Mar 31, 2026

How the score breaks down

Quality

Good

Growth

Mixed

Cash Flow

Good

Stability

Exceptional

Valuation

Good

Dividends

Exceptional

Track this stock — start free trial

Winston Score History

The full picture

Rainbow Tours S.A. is a Polish travel company that organizes and sells package holidays to individual customers. It bundles flights, hotels, and transfers into ready-made vacation packages, primarily targeting Polish travelers heading to popular destinations like Egypt, Turkey, Greece, and the Canary Islands. It is one of the largest tour operators in Poland, competing mainly with TUI Poland and Itaka.

The company earns money by selling these holiday packages directly to consumers, both through its own retail offices and online. It operates almost entirely within the Polish market, which makes its revenue sensitive to the health of the Polish economy and consumer spending. With a strong brand, an established distribution network, and loyal repeat customers, Rainbow Tours holds a solid position in a concentrated market. The main risk is that Polish consumers quickly cut back on foreign travel during economic downturns or periods of high inflation, which can sharply reduce booking volumes and squeeze already thin margins.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+1.7% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

-23.2% YoY

YoY Growth Rate

Earnings declining

R&D Spend

0 PLN/ year

0.0% of revenue

Below sector average (4%)

Research and development spending

Insider Activity

37.9%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Runway

~9 months

410M PLN cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Short runway — potential dilution ahead through share issuance

Cash watch

Rainbow Tours S.A. has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Share count broadly stable

−0.2% over 4y

The share count has stayed roughly flat over this period — little dilution or buyback activity.

Diluted shares outstanding: 14.6M (2021) → 14.6M (2025)

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

16.7%

Thin — 16.7% gross margin

Profit after running costs

Operating Margin

6.2%

Modest — 6.2% operating margin

Return on the money invested

ROCE

37.1%

Exceptional — 37.1% return on capital

ROIC above 25%. Every dollar invested in the business earns more than 25 cents back per year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

+8.4%

Steady sales growth (+8.4% YoY)

Profit growth

EPS YoY

-18.9%

Earnings shrinking (-18.9% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

How steady the profit is

EPS Consistency

5/8 quarters

Mixed — about half the quarters showed growth

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

91%

Modest — 91% of profit becomes cash

Spare cash per sale

FCF Margin

4.5%

Thin free cash flow (4.5%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

0.27

Conservative — low debt load (0.27)

Covers its interest

Interest Cover

23.32x

Comfortably covers interest (23.3x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

8.9x

Attractive valuation — P/E 8.9

P/E under 10. The price tag is small relative to last year's profit.

Cheaper or dearer next year

P/E vs Forward

-0.7

SLOWING

Earnings expected to fall — forward P/E higher than today

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend

Dividend Yield

11.29%

Healthy income — 11.29% yield

Yield above 6% — often a flag the market is pricing in a cut.

Dividend record

Dividend Growth

+382.3%

Dividend growing fast (382.3% YoY)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial